The NSE Nifty gained 25 points at 5259. The market breadth was strong. Out of 2974 stocks traded on the BSE, there were 1920 advancing stocks as against 982 declines.
While the world's largest retail chain is calling it a promotion, experts said the group may be looking at a new growth strategy for Asia.
Speaking on condition of anonymity, the official asserted that US President Donald Trump, during his presidency, has really strengthened all aspects of the US-India security and defence cooperation to build a comprehensive, enduring and mutually beneficial defence partnership.
PowerGrid was the top loser in the Sensex pack, shedding around 3 per cent, followed by Asian Paints, Axis Bank, Kotak Bank, Bajaj Auto, SBI and M&M.
Brazil and Russia (88 per cent each), Germany (86 per cent) and China and Italy (both at 85 per cent) were the other countries with high level of security concerns while respondents in Hong Kong (70 per cent), Belgium/Netherlands (74 per cent) and the US and Japan (77 per cent each) were the least concerned by comparison.
BSE market breadth was marginally negative. Out of 3,094 stocks traded, 1,541 declined while 1,429 advanced.
Reliance Industries was the top gainer in the Sensex pack, rising around 1.5 per cent, followed by Bajaj Finance, ONGC, Infosys, PowerGrid, L&T and IndusInd Bank. NSE Nifty advanced 12.50 points to its fresh record of 15,811.85.
